NJ Mutual Fund Launches New Value Equity Scheme for Growth

Starting your investment journey? NJ Mutual Fund has just launched a new option, the NJ Value Fund Direct-IDCW, designed for long-term capital appreciation in equity markets.

This open-ended, value-oriented equity scheme officially started on July 30, 2026. It aims to grow your money by investing mainly in equity and related instruments, following a specific value investment strategy.

Getting Started: Your Investment Details

If you’re considering this fund, here are the key financial commitments:

• Minimum Initial Investment: Rs 500
• Minimum Additional Investment: Rs 500
• Minimum SIP Investment: Rs 100
• Exit Load: None

It’s important to understand the risk involved; SEBI guidelines classify this as a ‘Very High’ risk investment within the ‘Equity: Value Oriented’ category. The fund’s performance will be measured against the NIFTY 500 Total Return Index.

Who Manages Your Money?

The fund is under the expert management of Dhaval Patel and Viral Shah, both of whom were appointed on July 10, 2026.

Understanding the Tax Side of Your Gains

When you redeem your units or receive dividends, taxes come into play. Here’s a breakdown:

• If you redeem units within one year, a Short-term Capital Gain Tax (STCG) of 15% applies to your gains.
• For redemptions after one year, Long-term Capital Gain Tax (LTCG) is 10% on gains exceeding Rs 1 lakh.
• Gains up to Rs 1 lakh in LTCG are completely exempt from tax.
• Dividend income you receive is added to your total income and taxed according to your income slab.
• A 10% Tax Deducted at Source (TDS) is applied to dividend income that exceeds Rs 5,000 in a financial year.

Since this fund is a recent launch, specific performance data like current NAV, returns, or its exact fund size are not yet available. This is normal for newly introduced investment options.